Vanguard Total World Bond ETF (NASDAQ:BNDW) Sets New 12-Month Low – Should You Sell?

Shares of Vanguard Total World Bond ETF (NASDAQ:BNDW) reached a new 52-week low on Tuesday. The company traded as low as $65.79 and last traded at $65.90, with a volume of 99085 shares changing hands. The stock had previously closed at $66.15.

Vanguard Total World Bond ETF Price Performance

The firm has a 50-day simple moving average of $67.12 and a 200-day simple moving average of $67.82.

Hedge Funds Weigh In On Vanguard Total World Bond ETF

Several institutional investors have recently made changes to their positions in the business. BlueCrest Capital Management Ltd bought a new position in Vanguard Total World Bond ETF in the second quarter worth approximately $4,455,000. Clark Asset Management LLC purchased a new position in shares of Vanguard Total World Bond ETF during the 2nd quarter worth $567,000. Waverly Advisors LLC grew its position in shares of Vanguard Total World Bond ETF by 16.6% during the 1st quarter. Waverly Advisors LLC now owns 353,548 shares of the company’s stock valued at $24,165,000 after acquiring an additional 50,279 shares during the period. Five Pine Wealth Management grew its position in shares of Vanguard Total World Bond ETF by 26.6% during the 1st quarter. Five Pine Wealth Management now owns 78,106 shares of the company’s stock valued at $5,339,000 after acquiring an additional 16,424 shares during the period. Finally, Amicus Financial Advisors LLC purchased a new stake in shares of Vanguard Total World Bond ETF in the 4th quarter worth $29,997,000.

Vanguard Total World Bond ETF Company Profile

The Vanguard Total World Bond ETF (BNDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of global investment-grade bonds. BNDW was launched on Sep 4, 2018 and is managed by Vanguard.